IQ Option Philippines Trading Guide for Beginners

If you’re looking for a complete IQ Option Philippines trading guide, this step-by-step tutorial will help you understand how the platform works, how to place your first trade, and how to reduce risk as a beginner.

Before getting started, we recommend reading our full IQ Option in the Philippines review for legal status, safety insights, and broker analysis.

👉 See the complete review here: IQ Option in the Philippines – Legal Status & Full Review

Binomo

Binomo Review

Pocket Option

Pocket Option Review

Quotex

Quotex Review

Exnova

Exnova Review

Table of Contents

How IQ Option Trading Works

IQ Option is an online trading platform offering CFDs, forex, cryptocurrencies, stocks, ETFs, and digital options (depending on region).

For Filipino traders, the platform operates via an offshore entity, meaning it is accessible locally but not regulated by the Philippine SEC or BSP.

Types of Assets Available

When using IQ Option in the Philippines, traders can usually access:

Forex pairs (EUR/USD, USD/JPY, etc.)
Cryptocurrency CFDs (Bitcoin, Ethereum)
Stock CFDs (Apple, Tesla, etc.)
Commodities (Gold, Oil)
ETFs

Each asset has different volatility and risk levels.

How Trades Generate Profit or Loss

With CFDs and forex trading:

You speculate on price movement.
If price moves in your predicted direction → you profit.
If price moves against you → you lose.

With leveraged trading, small price movements can result in amplified gains or losses.

⚠ Important: High leverage increases both profit potential and risk.

Step-by-Step First Trade Tutorial

If you are new to IQ Option Philippines trading, follow this beginner-friendly process.

➡️ Step 1: Create an Account

Visit the official IQ Option website.
Register using email and password.
Confirm your email address.

➡️ Step 2: Use the Demo Account First

IQ Option offers a free demo account with virtual funds.

Why this matters:

✔ No financial risk
✔ Practice real-time trading
✔ Learn platform tools
✔ Test strategies

Most beginner losses happen because traders skip demo practice.

➡️ Step 3: Verify Your Identity (KYC)

Before withdrawing funds, you may need:

Government-issued ID
Proof of address
Payment verification

This step is required for compliance and security.

➡️ Step 4: Make Your First Deposit

Minimum deposit is typically around $10 (or PHP equivalent).

Always start small. Never deposit money you cannot afford to lose.

➡️ Step 5: Choose an Asset

Beginners often start with:

Major forex pairs (lower spreads)
Gold
Bitcoin (higher volatility)

Choose assets with moderate volatility while learning.

➡️ Step 6: Analyze the Chart

IQ Option provides:

Candlestick charts
Line charts
Bar charts
Technical indicators

Popular beginner indicators:

Moving Averages
RSI (Relative Strength Index)
MACD

➡️ Step 7: Set Trade Size & Risk

Never risk more than 1–3% of your capital per trade.

Example:
If you deposit $100 → risk $1–$3 per trade.

This protects your account from rapid losses.

➡️ Step 8: Place the Trade

Select buy (up) or sell (down)
Confirm trade size
Set stop-loss (if available)
Monitor position

Discipline is more important than prediction.

Best Strategies for Filipino Traders

This section of the IQ Option Philippines trading guide covers beginner-friendly strategies.

1. Trend-Following Strategy

The market tends to move in trends.

How to apply:

Use Moving Average indicator.
Trade in the direction of the trend.
Avoid trading against strong momentum.

Best for forex and gold.

2. Support and Resistance Strategy

Identify price levels where the market reverses frequently.

Steps:

Mark previous highs and lows.
Wait for price to bounce.
Confirm with RSI.

This strategy works well in ranging markets.

3. RSI Overbought/Oversold Strategy

RSI indicator helps identify:

Overbought conditions (>70)
Oversold conditions (<30)

Combine RSI with trend analysis for stronger signals.

4. Breakout Strategy

Trade when price breaks key levels.

Confirmation tools:

Volume spikes
Strong candlestick patterns

Breakouts can be powerful but risky.

5. News-Based Trading (Advanced)

Major economic events can move markets quickly.

However:

⚠ High volatility = higher risk
⚠ Spreads may widen
⚠ Slippage possible

Beginners should avoid high-impact news trading.

Risk Management Rules

Risk management is the most important part of trading.

Many Filipino traders lose money not because of bad strategy, but because of poor discipline.

Rule 1: Never Risk More Than 3% Per Trade

Protect your capital.

Small losses are manageable. Large losses are destructive.

Rule 2: Use Stop-Loss

Always define exit points.

Never let emotions control decisions.

Rule 3: Avoid Overtrading

Common beginner mistake:

Trading too frequently.
Trying to recover losses immediately.

Stick to a structured plan.

Rule 4: Avoid High Leverage

Leverage magnifies risk.

Start with lower leverage while learning.

Rule 5: Withdraw Profits Periodically

Don’t leave large profits in your account unnecessarily.

This reduces emotional trading pressure.

Common Beginner Mistakes

Understanding mistakes is crucial in any IQ Option Philippines trading guide.

❌ Trading With Borrowed Money

Never use loans, credit cards beyond your means, or emergency savings for trading.

Trading is speculative.

❌ Ignoring Legal & Regulatory Status

Before trading, understand that IQ Option is not regulated by Philippine SEC.

❌ Chasing Losses

Trying to “win back” losses leads to bigger losses.

Step away if emotional.

❌ Overusing Bonuses

Deposit bonuses may require high turnover before withdrawal.

Read full terms before accepting promotions.

❌ Trading Without a Plan

Entering trades randomly leads to consistent losses.

Create:

Entry rules
Exit rules
Risk rules

Is IQ Option Suitable for Beginners in the Philippines?

IQ Option appeals to beginners because:

✔ Low minimum deposit
✔ Free demo account
✔ Easy-to-use interface
✔ Small trade size options